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J. Crew announces terms for its IPO

June 13, 2006
JCG

J. Crew Group, a multi-channel retailer of high standard apparel and accessories with 164 retail stores nationwide, announced the terms of its IPO on Tuesday. The New York City based company plans to offer 18.8 million shares at a range of $15 - $17 and has a proposed market cap of $910.4 million. Joint book-running managers Goldman Sachs and Bear Stearns have yet to announce a pricing date for this deal.